Hello,
I have been fine tuning my plan to seek Private Investors (all of whom I know personally). I want to make sure I have thorough, accurate, and easy to understand answers to the questions I anticipate th...
Good evening!
I'm looking to see if someone can please explain these terms to me for a seller financed purchase?
20% down. 2 year balloon. 12% interest only.
Thanks in advance!
This is from the most recent NAR newsletter I received. I'm still new to investing, so I was wondering if someone could please clarify the last bullet point for me? What is the 6K credit and when are we, as investors,...
Question to the group my partner and I owe several houses in a portfolio and wanting to sell them in a perfect world it would be nice to sell all at the same time not probably not going to happen, we have a offer on o...
BP community,
I have been a member for several months now. We have come to the realization that my in-laws who live an hour away, need to be closer to us. My father-in-law's health has been steadily in decline and ...
I'm considering refinancing two mortgages I have on two separate properties or selling one property and refinancing the other with the added cash from that sale.
Property 1 (duplex total income $1,450. $400 below mar...
I got an interesting foreclosure lead yesterday that I could use some help with. The seller purchased the property in 2010 using seller financing for $155,000 and he put $1,000 down and $1,000 toward closing costs. Hi...
Hi BP,Can someone please help clarify the difference between a HELOC and a Home Equity Loan?Shamelessly my mother is going to be my first partner, as she wants to get into real estate investing as well. She owns her ...
Example:1. Seller owns an investment house FREE and CLEAR. 2. Seller bought house 6 years ago at $350,000 as investment property.3. Market price now $550,000 4. Seller refi's at 70% LTV = $385,000, 30 year at 5%; PM...
The (newer) custodian of my SD401k is requesting an annual real estate appraisal for each note I hold within the account. As in, pay for a house appraisal each year for each note.
This can’t be right, can it? Shouldn...